Manicouagan Retains Investor Relations Consultant and Grants Stock Options

MANICOUAGAN MINERALS INC.

Suite 501, 133 Richmond Street West Toronto, Ontario M5H 2L3 (416) 542-3980

News Release

MANICOUAGAN RETAINS INVESTOR RELATIONS CONSULTANT AND GRANTS STOCK OPTIONS

TORONTO, April 13, 2010 – Manicouagan Minerals Inc. (TSX-V:MAM) is pleased to announce that it has entered into an Investor Relations consulting agreement dated April 7, 2010 with Andreas Curkovic.

The consulting agreement provides for a monthly consulting fee of $5,000 plus GST and the issuance of 250,000 incentive stock options vesting quarterly over a period of twelve months. The options have a term of five years, but will expire 90 days following the termination of the agreement. The consulting agreement, which is subject to the approval to the TSX Venture Exchange, continues on a monthly basis but may be terminated on 30 days written notice.

Stock Options Granted

Manicouagan Minerals also announced today that its Board has approved the issuance of 3,200,000 options under the Company's Stock Option Plan. These options are being granted to directors, officers, consultants and employees of the Company, and are exercisable into common shares of the Company at a price of $0.10 per share. Subject to the rules of the TSXV and the Company’s Stock Option Plan, the options have a term of five years and will expire on April 13, 2015.

About Manicouagan

Manicouagan Minerals Inc. is a Canadian based exploration company focused on advancing its gold projects in the Pickle Lake Gold Belt, Ontario. Manicouagan also has a pipeline of commodity projects including the Brabant Lake Zinc deposit in Saskatchewan, together with the Mouchalagane Nickel/Copper/PGE project and the HPM/Forgues Nickel/Copper/Cobalt project, both in Quebec.

For further information contact:

Joseph Baylis, President and Chief Executive Officer, Manicouagan Minerals Inc.

(416) 360-3038 or Andreas Curkovic, Investor Relations - (416) 577-9927 or [email protected] Neither  TSX  Venture  Exchange  nor  its  Regulation  Services  Provider  (as  that  term  is  defined  in  the  policies  of   the  TSX  Venture  Exchange)  accepts  responsibility  for  the  adequacy  or  accuracy  of  this  release.  

All  statements  other  than  statements  of  historical  fact,  included  in  this  release,  including,  without  limitation,   statements   regarding   potential   mineralization   and   reserves,   exploration   results   and   future   plans   and   objectives   of   the   Company,   are   forward-­‐looking   statements   that   involve   various   risks   and   uncertainties.   There  can  be  no  assurance  that  such  statements  will  prove  to  be  accurate  and  actual  results  and  future   events  could  differ  materially  from  those  anticipated  in  such  statements.  Important  factors  that  could  cause   actual  results  to  differ  materially  from  the  Company’s  expectations  are  exploration  risks  detailed  herein  and   from  time  to  time  in  the  filings  made  by  the  Company  with  securities  regulators.